Wednesday, June 1, 2011

It's The Economy Stupid

MBA Mortgage Applications   -4.0%    Prior number +1.1%
Challenger Job Cuts Year On Year   -4.3%   Prior number -4.8%


So housing continues to looked troubled.  But statistically speaking, the job cuts number improved!  We are losing jobs at a slower rate!  Okay, that really doesn’t sound much better.

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